Common use of Non-Assumption of Liabilities Clause in Contracts

Non-Assumption of Liabilities. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, or obligations of the Seller arising out of the ownership or operation of the Seller prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Security Agreement (Grow Solutions Holdings, Inc.)

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Non-Assumption of Liabilities. 32. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Corporation or the Seller arising out of the ownership or operation of the Seller Corporation prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (U.S. Lighting Group, Inc.)

Non-Assumption of Liabilities. It is understood and agreed between the Parties that the Purchaser is Parent and/or the Buyer are not assuming and will not be liable for any of the liabilities, debts, or obligations of the Seller arising out of the ownership or operation of the Seller prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Integrated Energy Solutions, Inc.)

Non-Assumption of Liabilities. 31. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Seller arising out of the ownership or operation of the Seller Corporation prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Purchase of Business Agreement (Nocera, Inc.)

Non-Assumption of Liabilities. 30. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Seller arising out of the ownership or operation of the Seller Corporation prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Purchase of Business Agreement

Non-Assumption of Liabilities. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, or obligations of the Seller arising out of the ownership or operation of the Seller prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Grow Solutions Holdings, Inc.)

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Non-Assumption of Liabilities. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Seller Xxxxxx Xxxxxxx arising out of the ownership or operation of the Seller Corporation prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Purchase of Vista (Smart Rx Systems Inc)

Non-Assumption of Liabilities. 33. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Seller arising out of the ownership or operation of the Seller prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Purchase of Business Agreement (Rego Payment Architectures, Inc.)

Non-Assumption of Liabilities. 35. It is understood and agreed between the Parties that the Purchaser is not assuming and will not be liable for any of the liabilities, debts, debts or obligations of the Seller arising out of the ownership or operation of the Seller Company prior to and including the Closing Date, other than as expressly set forth herein.

Appears in 1 contract

Samples: Purchase of Business Agreement (Kashin, Inc.)

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